All-In with Chamath, Jason, Sacks & Friedberg · 2026-04-03 · 81 min · 14,849 words

SpaceX IPO, Iran War Fallout, Quantum Bitcoin Hack, The Space Opportunity

Listen to the original audio · Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

All right, everybody, welcome back to the number one podcast in the world. It's the all-in podcast. David Sachs couldn't make it this week, but we have the trio. David Freeberg is here, your Sultan of Science, Jamat Paul Apatia, SpaceX filed confidentially to go public on April 1st, targeting a 1.75 trillion with the T valuation. When SpaceX goes public, if it's at that $1.75 trillion valuation, it's so weird to say trillion dollar valuation for an IPO, they would be the eighth largest company in the world, right behind TSMC and Saudi Aramco.

They're both worth 1.7x at the taping of this podcast. Tesla is number 10 with $1.37 trillion valuation. Hey, if you were to combine those two, as many people are speculating will happen at some point, and you can buy the stock ticker E-L-O-N, that would be a $3.1 trillion company, and that would make them the fourth largest company ahead of Microsoft. They're aiming to raise Chomoth $75 billion, which would be the, by far, the biggest raise ever in an IPO, expected to go out in June. I think they were trying to hit the 420 date because that would have been even more hilarious, but uh they're not going to be able to do that.

SpaceX uh recently acquired x.ai for 250 billion. That includes X and Twitter and the XAI large language model AI company Starlink, generating between 50 and 80% of SpaceX's revenue. We'll have all those details shortly. Um, and it'll be close to $20 billion a year, according to reports. Launch of rockets is the other 40% of the business, $5 billion in 2024, according to reports.

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